Asure Software Inc - ASUR STOCK NEWS

Asure (NASDAQ: ASUR) has launched Luna, the first AI agent specifically designed for payroll and HR management. Unlike traditional AI chatbots, Luna can actively perform tasks within Asure's product suite, serving both employees and administrators. The AI agent can handle various HR and payroll tasks autonomously, from updating personal information to managing benefits elections and navigating tax and labor law changes.

Luna aims to simplify complex HR processes by guiding employees through necessary updates when life changes occur, such as marriage, which might require multiple system updates. The AI agent can facilitate these changes across different systems, reducing administrative workload. For businesses, Luna helps maintain regulatory compliance while allowing HR teams to focus on strategic initiatives rather than routine requests.

Asure (NASDAQ: ASUR) has appointed Jay Whitehead as Senior Vice President to lead its AsurePay™ Platinum VIP Banking card and Marketplace businesses. Whitehead, a seasoned executive with extensive experience in HR and pay technology, brings expertise from founding Human Resources Outsourcing Today magazine and leading various media and HR companies.

The appointment aligns with Asure's strategy to enhance its banking card services, particularly the AsurePay™ Platinum VIP Banking offering, which provides premium features comparable to cards requiring $75,000 deposit minimums. The initiative aims to extend high-end banking benefits to working individuals, especially focusing on non-exempt and underbanked workers.

CEO Pat Goepel emphasized that this strategic hire positions Asure to capitalize on significant opportunities in both the card and marketplace segments, serving their payroll client base of nearly two million employees.

Asure Software (Nasdaq: ASUR), a cloud-based Human Capital Management (HCM) software solutions provider, has announced its participation in the 27th Annual Needham Growth Conference on January 15, 2024, in New York. The company's management team will conduct one-on-one meetings with institutional investors throughout the event.

CEO Pat Goepel will engage in a fireside chat with Needham analyst Josh Reilly at 8:45 AM ET, which will be accessible via webcast on the Needham Conference website. Interested parties seeking additional information are advised to contact their Needham sales representative or Patrick McKillop, Vice President of Investor Relations at Asure Software.

Asure Software (Nasdaq: ASUR), a cloud-based Human Capital Management software solutions provider, has announced its participation in six major financial conferences during November and December 2024. The schedule includes the Craig-Hallum Alpha Select Conference, Roth Technology Conference, Stephens Annual Investment Conference, Needham SaaS Conference, TD Cowen's Human Capital Management Summit, and Northland Capital Markets Growth Conference. The events will feature one-on-one meetings, with some including fireside chats, taking place both in-person and virtually across New York, Nashville, and online platforms.

Asure Software reported Q3 2024 financial results with revenue of $29.3 million, nearly unchanged year-over-year. Notably, recurring revenue grew 20% to $28.6 million, representing 98% of total revenue compared to 81% in the prior year. The company reported a net loss of $3.9 million versus $2.2 million loss year-over-year. Key highlights include expansion of Payroll Tax Management product with new enterprise clients, HCM architectural improvements, and upcoming launch of AsurePay™ financial services. Management provided Q4 2024 revenue guidance of $30-32M and initiated FY2025 guidance of $134-138M.

Asure's Chairman and CEO, Pat Goepel, has been named the 2024 Best CEO of a Public Company by the Austin Business Journal. This recognition celebrates Goepel's outstanding leadership, strategic vision, and contributions to both Asure and the Austin business community.

Under Goepel's leadership since 2009, Asure has grown its annual revenue from $10.03M to $119M, transforming into a leading provider of cloud-based Human Capital Management (HCM) software solutions. The company has sustained double-digit revenue growth over the past three years, driven by Goepel's ability to capitalize on emerging technologies and market opportunities.

Goepel's leadership style combines strategic vision, hands-on management, and a commitment to fostering a unified company culture. He focuses on driving meaningful change while ensuring organizational alignment. Goepel expressed his honor at receiving the recognition, emphasizing that it reflects the success of the entire Asure team and the potential for future growth.

Asure Software (Nasdaq: ASUR), a leading provider of cloud-based Human Capital Management (HCM) software solutions, has announced it will release its third quarter 2024 financial results on October 31, 2024. The company will host a conference call at 4:30 p.m. Eastern time on the same day to discuss the results.

The call will be led by Asure's Chairman and CEO Pat Goepel and CFO John Pence, followed by a question-and-answer session. Investors can join the call using the U.S. dial-in number 877-407-9219 or the international dial-in 201-689-8852, with the confirmation code 13749566. The call will also be webcast on Asure's investor relations website, with a replay available afterwards.

Asure Software (Nasdaq: ASUR), a leading provider of cloud-based Human Capital Management (HCM) software solutions, has announced its participation in two investor conferences in September 2024. The company will attend the 17th Annual Barrington Research Virtual Fall Investment Conference on Thursday, September 12, 2024, participating in virtual one-on-one meetings. On the same day, Asure will also be present at the Lake Street Capital Markets 8th Annual Best Ideas Growth Conference in New York, NY, engaging in one-on-one meetings with investors. These conferences provide Asure Software with opportunities to connect with financial institutions and potential investors, showcasing their HCM solutions and business strategy.

Asure (NASDAQ: ASUR) has acquired HireClick, an innovative applicant tracking system (ATS) designed for small and mid-sized businesses. This strategic move expands Asure's Human Capital Management (HCM) suite with an AI-powered hiring solution that streamlines the recruitment process. HireClick offers features such as job description creation, posting to national job boards, applicant tracking, and a personalized careers website.

The acquisition aligns with Asure's mission to simplify people management and help businesses compete for top talent. Pat Goepel, Asure's Chairman and CEO, emphasized the importance of hiring in business success and the company's goal to reduce administrative burdens. Scott Peterson, VP and GM for HireClick, highlighted the solution's ability to make digital talent acquisition more accessible for employers and job seekers alike.